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Preformed Line Products

62 hedge funds and large institutions have $125M invested in Preformed Line Products in 2014 Q2 according to their latest regulatory filings, with 5 funds opening new positions, 24 increasing their positions, 21 reducing their positions, and 10 closing their positions.

New
Increased
Maintained
Reduced
Closed

14% more repeat investments, than reductions

Existing positions increased: 24 | Existing positions reduced: 21

7% less funds holding

Funds holding: 6762 (-5)

22% less capital invested

Capital invested by funds: $159M → $125M (-$34.7M)

50% less first-time investments, than exits

New positions opened: 5 | Existing positions closed: 10

100% less funds holding in top 10

Funds holding in top 10: 10 (-1)

Holders
62
Holders Change
-5
Holders Change %
-7.46%
% of All Funds
1.78%
Holding in Top 10
Holding in Top 10 Change
-1
Holding in Top 10 Change %
-100%
% of All Funds
New
5
Increased
24
Reduced
21
Closed
10
Calls
Puts
Net Calls
Net Calls Change
Name Holding Trade Value Shares
Change
Change in
Stake
RA
1
Royce & Associates
New York
$38.8M -$114K -2,000 -0.3%
KeyBank National Association
2
KeyBank National Association
Ohio
$21.8M
Dimensional Fund Advisors
3
Dimensional Fund Advisors
Texas
$13.7M +$15.2K +267 +0.1%
Fidelity Investments
4
Fidelity Investments
Massachusetts
$4.95M +$266K +4,650 +5%
Vanguard Group
5
Vanguard Group
Pennsylvania
$4.27M +$25.3K +443 +0.6%
TAM
6
THB Asset Management
Connecticut
$4.14M +$926K +16,215 +27%
LSV Asset Management
7
LSV Asset Management
Illinois
$3.98M
ETM
8
Euclidean Technologies Management
Washington
$3.68M +$585K +10,235 +18%
BFA
9
BlackRock Fund Advisors
California
$3.52M -$361K -6,314 -9%
SBH
10
Segall Bryant & Hamill
Illinois
$3.13M -$303K -5,310 -8%
State Street
11
State Street
Massachusetts
$3.03M -$19.9K -349 -0.6%
FTIOP
12
Fiduciary Trust International of Pennsylvania
Pennsylvania
$2.52M +$45.1K +790 +2%
RJT
13
Raymond James Trust
Florida
$1.76M
Northern Trust
14
Northern Trust
Illinois
$1.68M -$249K -4,353 -12%
KCM
15
Kennedy Capital Management
Missouri
$1.55M -$2.68K -47 -0.2%
BIT
16
BlackRock Institutional Trust
California
$1.47M -$194K -3,405 -11%
Bank of New York Mellon
17
Bank of New York Mellon
New York
$1.39M -$25.5K -446 -2%
RP
18
Reinhart Partners
Wisconsin
$1.31M +$19.4K +340 +1%
Geode Capital Management
19
Geode Capital Management
Massachusetts
$785K -$628 -11 -0.1%
TCIM
20
TIAA CREF Investment Management
New York
$668K +$50.1K +877 +8%
Boston Partners
21
Boston Partners
Massachusetts
$603K +$640K +11,207 New
Axa
22
Axa
France
$571K +$17.1K +300 +3%
BIM
23
BlackRock Investment Management
Delaware
$465K +$3.65K +64 +0.7%
CCMH
24
Cornerstone Capital Management Holdings
New York
$425K -$5.71K -100 -1%
TA
25
Teton Advisors
New York
$419K

PLPC Hedge Fund Activity: Q2 2014 in Review

62 of the 3,479 institutional investors tracked by Wall St. Rank reported a position in Preformed Line Products (PLPC) for Q2 2014, worth a combined $125M — down 22% from $159M a quarter earlier.

Sellers outnumbered buyers: 10 funds closed out of PLPC and 5 opened new positions — a net loss of 5 holders — while 21 trimmed existing stakes and 24 added.

The largest buyer was THB Asset Management, adding an estimated $926K. The largest seller was TFS Capital, exiting entirely with an estimated $755K sold.

  • 62 institutional investors held Preformed Line Products (PLPC) as of Q2 2014, down from 67 in Q1 2014.
  • Funds reported $125M of Preformed Line Products stock for Q2 2014, down 22% quarter-over-quarter.
  • 5 funds opened new Preformed Line Products positions in Q2 2014 and 10 closed out, a net change of -5 holders.
  • The largest Preformed Line Products buyer in Q2 2014 was THB Asset Management, an estimated $926K added.
  • The largest Preformed Line Products seller in Q2 2014 was TFS Capital, an estimated $755K sold.

Based on aggregated 13F filings for Q2 2014.